Cannot find where they reported the AKE costs, profit and loss. Did I miss it?Yes, that's terrible price. Even at the latest prices, 5.5% spod from SMM is quoted US$850/t at the moment. I can't imagine what's the current price Mt Cat. fetches, as the average price of the quarter was only $763 for its 5.3% spod.
Likewise the carbonhydrate sold price was pathetic. For the whole quarter that price is equivelant to about CNY 97k/t. But the Chinese spot price, even for industrial grade, did not fall below CNY 110k/t until mid December.
Now I can only think the Chinese are not manipulating the prices. Their spot prices are actually far better than many realised.
AKE operation was probably losing money already.
Cannot find where they reported the AKE costs, profit and loss....
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Last
$7.20 |
Change
0.090(1.27%) |
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| Open | High | Low | Value | Volume |
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| Last trade - 12.37pm 20/05/2024 (20 minute delay) ? |
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Last
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Change
0.090 ( 1.55 %) |
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| Last updated 12.56pm 20/05/2024 ? | |||||
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